| An application for financial aid begins with the FAFSA, the Free Application for Federal Student Aid, available from the Hendrix Office of Financial Aid or online at www.fafsa.ed.gov.
The FAFSA is the application required for federal loans, grants, or work-study. Most colleges, including Hendrix, use the financial information recorded on the FAFSA to determine eligibility for other non-federal forms of aid, too.
The FAFSA determines the Expected Family Contribution (EFC), the estimated amount a family can contribute to a student's education. This amount is reported on the Student Aid Report (SAR).
The Hendrix Office of Financial Aid calculates the cost of your education (tuition, room and board, fees) and deducts your Expected Family Contribution to come up with your need.
The financial aid equation:
Hendrix Price minus Expected Family Contribution = Financial Need
The Office of Financial Aid may consider circumstances not covered by the FAFSA, such as medical expenses, loss of income, or tuition costs for private secondary school. Such considerations may require the submission of tax returns.
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School Code: Hendrix College's code is 001099. |
